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Investments in Unconsolidated Entities - Summary of Combined Condensed Financial Data of Unconsolidated Entities (Detail) - USD ($)
$ in Thousands
3 Months Ended 6 Months Ended
Jun. 30, 2024
Jun. 30, 2023
Jun. 30, 2024
Jun. 30, 2023
Mar. 31, 2024
Dec. 31, 2023
Mar. 31, 2023
Dec. 31, 2022
Investment in real estate                
Land $ 59,157   $ 59,157     $ 102,090    
Accumulated depreciation (29,142)   (29,142)     (36,025)    
Net investment in real estate 344,050   344,050     546,342    
Cash and cash equivalents 86,706 $ 124,850 86,706 $ 124,850   134,001   $ 133,480
Total assets 758,318   758,318     973,864    
Liabilities                
Total liabilities 316,639   316,639     410,700    
Members' Interest                
Retained earnings (accumulated deficit) (923,004)   (923,004)     (800,342)    
Total equity 441,679 561,682 441,679 561,682 $ 543,598 563,164 $ 657,955 $ 722,599
Total liabilities and shareholders' equity 758,318   758,318     973,864    
Carrying value of Company's investments in equity investments 100,287   100,287     99,419    
Total revenue 4,216 5,884 9,989 6,564        
Net income (loss) (101,227) (95,707) (120,212) (157,693)        
Unconsolidated Entities Including UTC JV [Member]                
Investment in real estate                
Land 27,992   27,992     27,992    
Buildings and improvements 158,713   158,713     149,625    
Accumulated depreciation (9,606)   (9,606)     (6,592)    
Investment in real estate, gross 177,099   177,099     171,025    
Construction in progress 2,643   2,643     2,362    
Net investment in real estate 179,742   179,742     173,387    
Cash and cash equivalents 2,284   2,284     7,355    
Tenant and other receivables, net 10,977   10,977     11,289    
Other assets, net 2,408   2,408     11,927    
Total assets 195,411   195,411     203,958    
Liabilities                
Accounts payable, accrued expenses and other liabilities 14,511   14,511     18,133    
Total liabilities 14,511   14,511     18,133    
Members' Interest                
Additional paid in capital 177,582   177,582     180,628    
Retained earnings (accumulated deficit) 3,318   3,318     5,197    
Total equity 180,900   180,900     185,825    
Total liabilities and shareholders' equity 195,411   195,411     203,958    
Carrying value of Company's investments in equity investments 95,066   95,066     97,018    
Total revenue 4,478 1,568 9,049 3,511        
Property operating expenses (1,561) (648) (2,346) (1,424)        
Depreciation and amortization (1,565) (968) (3,040) (1,941)        
Operating income (loss) 1,352 (48) 3,663 146        
Other expenses (202) (8) (345) (60)        
Net income (loss) 1,150 (56) 3,318 86        
Equity in income (loss) of unconsolidated entities [1] 612 (28) 1,734 43        
Unconsolidated Entities [Member] | Unconsolidated Entities Excluding UTC JV [Member]                
Investment in real estate                
Land 117,439   117,439     117,439    
Buildings and improvements 96,179   96,179     96,016    
Accumulated depreciation (45,158)   (45,158)     (43,070)    
Investment in real estate, gross 168,460   168,460     170,385    
Construction in progress 117,930   117,930     104,866    
Net investment in real estate 286,390   286,390     275,251    
Cash and cash equivalents 6,871   6,871     2,795    
Tenant and other receivables, net (7)   (7)     6    
Other assets, net 26,982   26,982     34,098    
Total assets 320,236   320,236     312,150    
Liabilities                
Accounts payable, accrued expenses and other liabilities 70,164   70,164     65,522    
Total liabilities 70,164   70,164     65,522    
Members' Interest                
Additional paid in capital 253,871   253,871     340,311    
Retained earnings (accumulated deficit) (3,799)   (3,799)     (93,683)    
Total equity 250,072   250,072     246,628    
Total liabilities and shareholders' equity 320,236   320,236     $ 312,150    
Total revenue 695 3,504 894 7,865        
Property operating expenses (1,573) (2,204) (2,496) (4,421)        
Depreciation and amortization (1,337) (3,595) (2,095) (7,597)        
Operating income (loss) (2,215) (2,295) (3,697) (4,153)        
Other expenses (125) (107) (107) (331)        
Gains (losses) and (impairments) 3 (24,918) 3 (95,718)        
Net income (loss) (2,337) (27,320) (3,801) (100,202)        
Equity in income (loss) of unconsolidated entities [2] $ (1,178) $ (13,670) $ (1,921) $ (50,113)        
[1] Equity in loss of unconsolidated entities on the condensed consolidated statements of operations includes basis difference adjustments.
[2] Equity in loss of unconsolidated entities on the condensed consolidated statements of operations includes basis difference adjustments.